USD / JPY gained traction after falling below 104.00 on Monday. The US dollar index rises towards 92.00 in the American session. The major Wall Street indices are trading deep in negative territory. The pair USD/JPY It fell to a new weekly low of 103.83 on Monday, but reversed its direction during US business hours. […]
Tag: Foreign exchange
USD / CAD rebounds modestly after touching October 2018 lows below 1.2930
USD / CAD reached its lowest level since October 2018 below 1.2930 in recent trading, although it has since rallied around 1.2960 since then. Broad USD weakness has boosted CAD, with the Canadian dollar being the best performer in the G10. Amid a broad decline in the USD, the USD / CAD It recently posted […]
EUR / USD returns initial gains after testing the 1.20 level
EUR / USD continues to move up non-stop on Monday. The sale around the dollar continues to reinforce the rise of the pair. The German preliminary CPI fell short of expectations in November. Buying interest around the common currency continues unabated and has pushed the EUR / USD pair to the psychological level of 1.20 […]
GBP / USD sets new daily highs near 1.3400
The pound is stable with growing expectations for Brexit. GBP / USD bounces near 1.3300 and approaches 1.3400. The GBP / USD is rising on Friday, erasing losses from the previous two days. It recently climbed to 1.3385, marking a new high for the day. It is trading 1.3375, in positive territory for the day, […]
AUD / USD trades in a tight range below 0.7400
AUD USD consolidates last week’s gains below 0.7400 on Monday. The US dollar index continues to decline at the beginning of the week. After closing the previous week in positive territory, the pair AUD/USD it rose to its highest level since Sept. 1 at 0.7408 in the early trading hours of the Asian session on […]
USD / TRY targets 7.70 as the lira remains offered
USD / TRY extends the decline and is approaching 7.70. Turkey’s GDP surprised to the upside in the third quarter. Turkey’s trade deficit narrowed to around $ 2.40 billion in October. The buying bias around the Turkish currency holds good and solid for another session on Monday and drags the USD/TRY to multi-day lows near […]
NZD / USD retraces from 29-month highs, remains in positive territory near 0.7030
NZD / USD lost its traction after climbing above 0.7050. The US dollar index registered a modest rally at the beginning of the US session. Wall Street appears to start the day in negative territory. The NZD / USD It started the new week on a firm footing and rose to its highest level since […]
EUR / USD down modestly after approaching 1.2000
Euro maintains bullish tone against the dollar. EUR / USD peaked since September at 1.1992. The EUR / USD lost momentum after approaching 1.2000 and retreated, cutting some of Monday’s gains. After reaching 1.1992, the highest since early September, the pair fell to 1.1972, holding above the 20 hour moving average. The bullish tone remains […]
Configured for a test of 1.20 (and up)
EUR / USD remains offered and is approaching 1.20. Looking at the yearly highs near 1.2020. The EUR/USD extends the upside for another session and gradually approaches the psychological hurdle at 1.20. The continuation of the bullish movement initially points to 1.20. Further north it is at the 2020 high around 1.2020 (Sept 1) before […]
The 125.00 zone continues to slow the rises
EUR / JPY finally tests the 125.00 zone on Monday. If it exceeds 125.00, the next target is at 127.00. EUR / JPY joins Friday’s gains and is flirting with the 125.00 region, although it lost some for the moment after the first close. If this major hurdle is overcome in the short term, then […]
